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BENEFIT PAYMENT INFORMATION

When the 1st Falls on a Weekend or Holiday:

Benefit payments are scheduled to be paid on the first of the month. However, receipt of your funds can be affected by whether you receive a check or direct deposit and your financial institution’s rules when the first falls on a weekend or holiday.

If you have questions regarding the availability of your funds, please contact your financial institution directly for information on when your funds will be made available to you. That decision is made by your financial institution, not LASERS. If you have not received your direct deposit by the first business day of the month, please contact LASERS at 225.922.0600 (Baton Rouge) or 800.256.3000 (Toll-free).

Are You Signed Up for Direct Deposit?

Paper checks are mailed for delivery on the first of each month. However, delivery can be delayed for various reasons. If you have not received your monthly benefit check by the fifth business day of the month, you should take the following steps:

  1. Notify LASERS in writing that you wish to have the check reissued. The written notification must include your name, Social Security number, and signature.
  2. To avoid this issue in the future, sign up for Direct Deposit by filling out and submitting Form 04-05: Authorization for Direct Deposit electronically through your myLASERS account.